Whether we like it or not HST is here and is here to stay for awhile.
If you are like me and really do not understand what will and what will not be affected by this new tax. Please read the attached information from the Ontario Government.
The Bank of Canada said the country's economy may grow faster in the second half of this year than it forecast earlier this summer.
In July, the central bank had projected the economy would rebound by 1.3 per cent in the third quarter and by three per cent in the final quarter. While the bank offered no new growth estimates, it signalled that the economy is performing better than it was just two months ago. At that time, the Bank of Canada said the recession in Canada was likely over.
"Stimulative monetary and fiscal policies, improved financial conditions, firmer commodity prices, and a rebound in business and consumer confidence are supporting domestic demand growth in Canada," the bank said in a statement Thursday.
"Combined with recent information on inventory adjustments and automotive production, this suggests that GDP growth in the second half of 2009 could be stronger than the bank projected in July."
The central bank's comments came as it released its latest interest rate policy announcement. As expected, it left its key overnight interest rate unchanged at 0.25 per cent. The central bank reiterated its commitment to leave the key rate at that level through the middle of next year as long as inflation remains in check.
The bank also repeated its warning about the high Canadian dollar. "Persistent strength in the Canadian dollar remains a risk to growth and to the return of inflation to target," it said. Inflation expected to remain low Still, the bank predicts that inflation should remain low for the foreseeable future.
"Total CPI inflation is still expected to trough in the current quarter before returning to the two per cent target in the second quarter of 2011 as aggregate supply and demand return to balance." Economists said the bank's comments suggest it is more optimistic the economy is emerging from recession.
"On balance, the bank seems more confident that the recovery is starting," said Dawn Desjardins, assistant chief economist at RBC. "Our read is that the bank expects policymakers to keep their feet on the gas pedal to ensure that the nascent recovery does not peter out," she wrote in a morning commentary.
Larry Valianes HLC Mortgage Agent 416-917-4345 905-409-4748
Fax Local 905-448-9737 Fax Toll Free 1-866-820-4107
To fully understand the details of moving, what costs are involved and what the mortage rates and fees are, Dale works closely with mortgage experts to outline every detail.
There are many different types of mortgage products available to clients today. Like the commercials ask... Do I go fixed or variable? Do I lock in now? What are the hidden fees? Can I still get cash back for furniture or on closing costs? Is this a good time to downsize or buy an investment property? Are there tax benefits or rebates available for first time buyers?
Sutton Member Program consistantly offers the lowest posted mortgage products... Sutton Member Program
Lowest Rates in Canada!
MORTGAGE OPTIONS?
Dale and her team work with several mortgage options so that we find you the perfect property and the perfect mortgage.
Working with mortgage professionals like Larry Valianes and Home Loans Canada. Dale can find you the perfect mortgage and it isn't always the lowest rate, but personalized options.
HOME STAGERS have become the new "IN THING", buzz word, but with a marketable difference. Dale and her team work closely with home stagers who can answer many of those sometime confusing and overwhelming questions. The TV shows make it look easy and many sellers really question the value.
When preparing to list your home, we all know there are lots of things we "should" do, a few things we "must" do, and and lots of things that you may ponder "What do I need to do?", to get the Best Price with the least inconvience in the shortest period of time.
Is it expensive?...
What do I have to do?....
How do we do it?...
FREE to Dales clients.... For every seller who requires it, the services of a certified home stager is arranged to consult on how you can work together to get your property ready to show the buying public. From the initial consultation, Dale and her team work closely with the seller to make the right choices and the many details in getting your home...
READY TO SHOW...
Now GO!
"I really don't take good pictures, but they do"!
Dale and her team realize that a picture is worth a 1000 words literally.
In this internet world of Kijiji, YouTube, video streams from our phones, the best and highest visiblity won't be realized without great photography. Dale uses proven professionals like Chitel and Chris Pierre from Real Estate Photography to come and capture your home in pictures.
Proven results are just that - properties that have SOLD!!!
After viewing photographs of homes that have used these services, buyers have remarked "I have to see this home"... We all can appreciate that 1000's of potential buyers seeing the features of your property before they arrive .. allows you to have excellent exposure. Chris and Chitel boast attention to every detail ensuring that your property is displayed to allow qualified serious buyers the "inside scoop" and helps avoid "lookers". Therefore you and your family will be disrupted as little as possible.
Understanding the Offer to Purchase Form is essential once your house hunting expedition is a success! You have found the perfect home, one that satisfies your needs, most of your wants- and best of all, fits your pocketbook. Now comes one of the most important phases of your home-buying experience: making an offer to purchase the home.
If you are buying a home, then, before you decide on whether this home is your dream home, the following checklist will help you look at prospective homes with a critical eye. We suggest printing this page and putting it on a clipboard. When you find a home that really interests you, mark the features you see and note their general condition on this list.
SELLING YOUR HOME ON YOUR OWN - OR USING A REAL ESTATE SALESPERSON
Home value sometimes referred to as "Value in Use", is best described as the probable price at which a home trades in a free, competitive, and open market and is synonymous with the market value.
The Income Tax Act does not specifically set out whether or not a gain or loss is capital in nature. The taxpayer is responsible for reporting the gain as income or capital gain. This report may then be challenged by the Canada Customs and Revenue Agency with the onus of proof on the taxpayer.
If you have decided that now is the time to sell your home, you might be thinking: should I hire a Real Estate Sales Representative or do it alone. Have you ever considered repairing your own car? Anyone can buy the tools and parts. However, most of us just do not have the knowledge, training, experience or the expertise and commitment of time to do the job properly. Besides, there are plenty of experienced professionals to do the work for us.
HOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRICE
STAGING… FOR A FASTER SALE AND HIGHER PRICE
When should I sell my home? Your answer to this question might be right now! If you have taken a job in another city or made an offer on a new home, or had an addition to your family, selling your home fast might be the most important goal you have. Most people, however, have some flexibility when they sell their home. Let us take a closer look at the most important factors that can go into this decision.
A hot market is a "seller’s market". During a seller’s market, properties can sell within a few days of being listed and there are often multiple offers. Sometimes homes even sell above the asking price. Though most buyers want to get a "deal" on a home, reducing your offer by even a few thousand dollars could mean that someone else will get the home you desire.
There are many television shows today that focus on home staging. If you have not watched any, do yourself a favor and tune in. They all say the same thing: do not even consider putting your house on the market until you have taken a close look at its condition. Experienced sales people know that you only have one shot at impressing potential buyers, so take some time to prepare your home for showings. You will be rewarded with a faster sale and a higher offer.
A very accurate saying is that "Any home will sell once you get the price right." Of course, this is usually said from the perspective of dropping a price until it's too attractive to pass up. Actually, the accurate pricing of your home prior to listing is as much an art as it is a science.
A great many moves in our lives are to larger residences to accommodate growing families. Or, perhaps our financial development allows us to move up to a larger home with more features and amenities. There is no stress involved in trying to reduce our life’s stuff to fit into a smaller place. If anything, we just need to shop for some more furniture for the new larger place.
You may have lived in your home for many years. The location factors that you considered when making your purchase decision may not apply to today’s buyers. The task is to identify the current positive aspects of your home’s location and market them aggressively. When it comes to positive locations, people’s different attitudes and preferences will determine if a location is a “good” one.
Marketing a home for sale is quite different from most other types of marketing and advertising. Unlike marketing many products, homes are each unique. Marketing decisions will be based on thorough examination of the home’s features and comparison to the competition in the marketplace. Decisions must also be made concerning improvements that might enhance the home and sell it faster and for a higher price.
Whether buying or selling a home, one activity will be part of the process in all cases and for all involved. Let’s look at the offer to purchase contract and negotiation process from both sides
